secwatch.observer — SEC 8-K summary
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Issuer:     ARTS WAY MANUFACTURING CO INC (ARTW)
CIK:        0000007623
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0001437749-22-016684
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Art's-Way Manufacturing Q2 net income rises to $175K from $64K; revenue up 27%
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- Q2 revenue $7.275M, up 27.4% YoY; net income $175K ($0.04 EPS) vs $64K ($0.01 EPS).
- Agricultural Products sales up 37.8% to $5.316M; record backlog across all segments.
- H1 net loss improved to ($231K) from ($251K); operating loss narrowed to ($115K) from ($220K).
- Inventory increased $1.7M due to supply chain prep; new automation equipment installed.
- Management expects strong second half; secured funding from Alumni Capital and Iowa program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7623/000143774922016684/0001437749-22-016684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7623/000143774922016684/artw20220706_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-016684

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